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Results (10,000+)
Nevin Wilkie Where to find Owner Phone Number for Run Down or Abandon Properties?
21 January 2025 | 8 replies
You should check them out for your contact data needs.
Brooks McCarvel What is the Most Useful Graduate Degree for Real Estate Investors
24 February 2025 | 27 replies
As boring as accounting sounds, I think it's a great degree so check that out if you want to go that route.
Amit Chugh Section 8 Property
2 February 2025 | 9 replies
Also, be sure to check with the section 8 agency managing the tenants - sometimes if you pass on an additional cost like that they will no longer be eligible to live there if the rent and utilities exceed what they were approved for.
Donyea Jenkins DSCR Loan Question
3 February 2025 | 15 replies
Be sure to check with your lender to confirm their specific criteria regarding the property's condition.In short, fixer-uppers can qualify for DSCR loans, but the property either needs to be producing rental income or have a plan to do so after renovations.
Bobby Eastman Any suggestions for people to contact for investing in the Sherman/Denison TX area?
18 January 2025 | 17 replies
I'm going to be checking my BP more regularly.
Mario Morales Cash Out Refi-LTV on a rental property vrs owner occupied
28 January 2025 | 9 replies
Appraiser will check the rent schedule and if there were any improvements done.4.
Jason Weidmann Looking to start investing in LTR,
8 February 2025 | 14 replies
If you look in Ohio I would check out Columbus and Cleveland.
Anthony Klemm early stage strategy comparisons
10 February 2025 | 16 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
Andrew Fletcher Happy Holidays everyone
20 January 2025 | 2 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
Jon R. Anyone with furnished rentals in Syracuse suburbs?
22 January 2025 | 9 replies
Hey Jon would recommend checking out FB groups if you aren't local (looks like you're based in the Bay).